AAHOA Welcomes Reopening of the Federal Government
AAHOA Welcomes Reopening of the Federal Government
AAHOA (Asian American Hotel Owners Association) welcomes the reopening of the federal government following passage by Congress and the President's signature on Wednesday.
The weeks-long shutdown disrupted travel, slowed economic activity, and created uncertainty across the hospitality industry.
"Hotel owners are on the front lines of America's economy. Every day the shutdown continued, it put more small businesses and jobs at risk," said AAHOA Chairman Kamalesh (KP) Patel. "We're relieved to see government operations resume so the focus can return to supporting economic stability and growth."
"Our members operate nearly 20,000 hotels, supporting more than one million direct jobs across the nation," said AAHOA President and CEO Laura Lee Blake. "The shutdown has delivered a palpable jolt to local economies and small business owners. Reopening the government is essential to restoring confidence and helping the hospitality sector regain its footing."
Earlier this month, AAHOA joined more than 30 other hotel and hospitality organizations in highlighting the economic impact of the shutdown. Each day of closure was estimated to cost the U.S. economy roughly $31 million in hotel-related activity, with the industry losing approximately $650 million since the start of the disruption.
AAHOA represents thousands of independent and franchise hotel owners who operate the majority of hotels in the U.S. The association continues to advocate for policies that promote stability, economic growth and the success of small businesses in the hospitality sector.
AAHOA is the largest hotel owners association in the world, with Member-owned properties representing a significant part of the U.S. economy. AAHOA's 20,000 members own 60% of the hotels in the United States and are responsible for 1.7% of the nation’s GDP. More than one million employees work at AAHOA member-owned hotels, earning $47 billion annually, and member-owned hotels support 4.2 million U.S. jobs across all sectors of the hospitality industry. AAHOA's mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community engagement.
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